PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan

Fidelity International Low Volatility ETF (FCIL.NEO) Alternatives

ETF · Currency in CAD · Last updated Jul 18, 2026

The Fidelity International Low Volatility ETF seeks to replicate the performance of the Fidelity Canada International Low Volatility Index, investing in low volatility large- and mid-cap stocks from developed markets outside the U.S. and Canada.

Fidelity International Low Volatility ETF (FCIL.NEO) belongs to the Foreign Large Cap Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with FCIL.NEO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to FCIL.NEO

FCIL.NEO charges 0.45% annually. There are 10 ETFs in the Foreign Large Cap Equities category with lower expense ratios, going as low as 0.17%.

SymbolNameExpense RatioAUMInception
QDX.TO
Mackenzie International Equity Index ETF0.17%1.72BJan 2018FCIL.NEO vs QDX.TO
ZEA.TO
BMO MSCI EAFE Index ETF0.22%13.26BFeb 2014FCIL.NEO vs ZEA.TO
XEF.TO
iShares Core MSCI EAFE IMI Index ETF0.23%22.53BApr 2013FCIL.NEO vs XEF.TO
FLUR.NEO
Franklin International Equity Index ETF0.27%—Feb 2019FCIL.NEO vs FLUR.NEO
XSEA.TO
iShares ESG Aware MSCI EAFE Index ETF0.28%368.09MMar 2019FCIL.NEO vs XSEA.TO

Best Risk-Adjusted Alternatives to FCIL.NEO

FCIL.NEO has a PortfoliosLab risk / return rank of 60. There are 11 ETFs in the Foreign Large Cap Equities category with higher risk-adjusted ranks, going as high as 93.

SymbolNameRisk / Return RankAUMInception
RIDH.TO
RBC Quant EAFE Dividend Leaders (CAD Hedged) ETF
93
156.05MOct 2014FCIL.NEO vs RIDH.TO
VIDY.TO
Vanguard FTSE Developed ex North America High Divi...
86
2.00BAug 2018FCIL.NEO vs VIDY.TO
FCIV.TO
Fidelity International Value ETF
86
2.31BJun 2025FCIL.NEO vs FCIV.TO
FCRI.TO
Franklin International Core Equity Fund ETF Series
78
—Jan 2026FCIL.NEO vs FCRI.TO
ZXM.TO
CI Morningstar International Momentum Index ETF Co...
76
150.80MNov 2014FCIL.NEO vs ZXM.TO

Top Performing FCIL.NEO Alternatives (YTD)

FCIL.NEO is at 9.96% YTD. There are 14 ETFs in the Foreign Large Cap Equities category with higher YTD returns, going as high as 17.26%.

SymbolNameYTD ReturnAUMInception
FCIV.TO
Fidelity International Value ETF
17.26%
2.31BJun 2025FCIL.NEO vs FCIV.TO
VIDY.TO
Vanguard FTSE Developed ex North America High Divi...
16.09%
2.00BAug 2018FCIL.NEO vs VIDY.TO
RIDH.TO
RBC Quant EAFE Dividend Leaders (CAD Hedged) ETF
15.04%
156.05MOct 2014FCIL.NEO vs RIDH.TO
XDSR.TO
iShares ESG Advanced MSCI EAFE Index ETF
13.37%
967.06MApr 2020FCIL.NEO vs XDSR.TO
ESGE.TO
BMO MSCI EAFE Selection Equity Index ETF
12.92%
126.95MJan 2020FCIL.NEO vs ESGE.TO

Lowest Volatility Alternatives to FCIL.NEO

FCIL.NEO has 12.29% 1-year volatility. There are 5 ETFs in the Foreign Large Cap Equities category with lower 1-year volatility, going as low as 8.43%.

SymbolNameVolatility 1YAUMInception
ZLD.TO
BMO Low Volatility International Equity Hedged to ...8.43%32.94MFeb 2016FCIL.NEO vs ZLD.TO
ZLI.TO
BMO Low Volatility International Equity ETF10.39%284.95MSep 2015FCIL.NEO vs ZLI.TO
ZWE.TO
BMO Europe High Dividend Covered Call Hedged to CA...11.08%765.75MSep 2015FCIL.NEO vs ZWE.TO
TILV.TO
TD Q International Low Volatility ETF11.24%130.72MMay 2019FCIL.NEO vs TILV.TO
RIDH.TO
RBC Quant EAFE Dividend Leaders (CAD Hedged) ETF12.02%156.05MOct 2014FCIL.NEO vs RIDH.TO

Lowest Drawdown Alternatives to FCIL.NEO

FCIL.NEO has a 1-year max drawdown of -9.17%. There are 5 ETFs in the Foreign Large Cap Equities category with shallower 1-year drawdowns, going as shallow as -7.09%.

SymbolNameMax Drawdown 1YAUMInception
ZLD.TO
BMO Low Volatility International Equity Hedged to ...
-7.09%
32.94MFeb 2016FCIL.NEO vs ZLD.TO
TILV.TO
TD Q International Low Volatility ETF
-7.11%
130.72MMay 2019FCIL.NEO vs TILV.TO
ZLI.TO
BMO Low Volatility International Equity ETF
-8.37%
284.95MSep 2015FCIL.NEO vs ZLI.TO
FCIV.TO
Fidelity International Value ETF
-8.59%
2.31BJun 2025FCIL.NEO vs FCIV.TO
RIDH.TO
RBC Quant EAFE Dividend Leaders (CAD Hedged) ETF
-8.67%
156.05MOct 2014FCIL.NEO vs RIDH.TO

Other ETFs from Fidelity

The 10 most viewed Fidelity ETFs shown here include FEQT.NEO, FINN.NEO, FCCM.NEO and span 8 categories. AUM among these funds goes as high as $9B.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
FEQT.NEO
Fidelity All-in-One Equity ETF FundDiversified Portfolio
75
11.62%
—Jan 2022FCIL.NEO vs FEQT.NEO
FINN.NEO
Fidelity Global Innovators ETFGlobal Equities
80
35.77%
—May 2023FCIL.NEO vs FINN.NEO
FCCM.NEO
Fidelity Canadian Momentum Index ETFMomentum, Canada Equities
85
10.68%
—Jun 2020FCIL.NEO vs FCCM.NEO
FBTC.TO
Fidelity Advantage Bitcoin ETFCryptocurrency
2
-25.28%
1.20BNov 2021FCIL.NEO vs FBTC.TO
FCUV.TO
Fidelity U.S. Value ETFLarge Cap Value Equities
87
16.40%
3.82BJun 2020FCIL.NEO vs FCUV.TO
FBAL.NEO
Fidelity All-in-One Balanced ETFDiversified Portfolio
71
7.52%
9.45BJan 2021FCIL.NEO vs FBAL.NEO
FGRO.NEO
Fidelity All-in-One Growth ETFDiversified Portfolio
73
9.86%
4.95BJan 2021FCIL.NEO vs FGRO.NEO
FCIM.NEO
Fidelity International Momentum Index ETFMomentum, International Equity
63
16.05%
—Jun 2020FCIL.NEO vs FCIM.NEO
FCMO.NEO
Fidelity US Momentum ETFMomentum, Large Cap Growth Equities
50
17.68%
—Jun 2020FCIL.NEO vs FCMO.NEO
FCCQ.TO
Fidelity Canadian High Quality ETFCanada Equities
70
6.48%
993.50MJan 2019FCIL.NEO vs FCCQ.TO

Often Compared With FCIL.NEO

Investors most often compare FCIL.NEO with FCCD.TO, FCID.TO, ZPR.TO. These 6 comparison targets span 5 categories, based on PortfoliosLab usage data.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
FCCD.TO
Fidelity Canadian High Dividend Index ETFDividend
96
16.44%
378.40MSep 2018FCIL.NEO vs FCCD.TO
FCID.TO
Fidelity International High Dividend ETFDividend
82
13.44%
347.90MSep 2018FCIL.NEO vs FCID.TO
ZPR.TO
BMO Laddered Preferred Share Index ETFPreferred Stock/Convertible Bonds
97
8.50%
1.60BNov 2012FCIL.NEO vs ZPR.TO
ZMMK.TO
BMO Money Market Fund ETF SeriesMoney Market
99
1.25%
5.77BNov 2021FCIL.NEO vs ZMMK.TO
FCCV.TO
Fidelity Canadian Value ETFCanada Equities
93
15.26%
1.19BJun 2020FCIL.NEO vs FCCV.TO
LVHI
Franklin International Low Volatility High Dividen...Volatility Hedged Equity, Dividend
96
15.82%
5.00BJul 2016FCIL.NEO vs LVHI

Compare FCIL.NEO with Any Fund or Stock

Compare FCIL.NEO with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

 

Diversifiers

Pair FCIL.NEO with funds that move differently

Fidelity International Low Volatility ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FCIL.NEO.

Explore FCIL.NEO Diversifiers